Principles of Accounting: Chapters 1-13
Principles of Accounting: Chapters 1-13
12th Edition
ISBN: 9781133593102
Author: Belverd E., Jr, Ph.d. Needles, Marian, Ph.D. Powers, Susan V. Crosson
Publisher: Cengage Learning
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Chapter 4, Problem 11SE

Prepare the required closing journal entries for the year ended December 31, using the items from the Income Statement columns of a work sheet that follow and assuming that withdrawals by the owner, A. Riley, were $7,000.

Chapter 4, Problem 11SE, Prepare the required closing journal entries for the year ended December 31, using the items from

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